Chip Eng Seng Clinches $32.9mil Upgrading Contract From HDB
The written agreement in regards to the creation and also construct of progressing projects for some precincts in Singapore– namely, Serangoon Ave 1/ Central, Blks 401 – 414; Serangoon Ave 1/ Central, Blocks 415 – 427; Lengkong Tiga, Blocks 101 – 116 plus Ubi Ave 1, Blks 301, 302, 304 – 306.
On 29 Dec 20, Chip Eng Seng announced that the written agreement will be finalized in two parts, with the first portion involving the concept’s endorsement as well as producing of catalogs and ballot documents.
The following part will include the task of upgrading tasks inside of the units concerning the previously mentioned blocks. With respect to this segment, the completion duration is 18 months toward the Serangoon and Lengkong Tiga districts, as well as nine calendar months for the Ubi area.
“Labour for the second section are going to commence upon penned ruling from Housing and Development Board,” revealed CES.
The contractor forecasts the agreement to efficiently help in its revenues per allotment as well as its after deductions physical resources for the following financial year ending last day of 2021.